date:Nov 08, 2013
ak biscuit sales in China, low coffee prices and slower global growth, particularly in emerging markets, had hit third-quarter revenue.
We expect these factors will continue to pressure our top line for the remainder of the year, Ms Rosenfeld said.
Kraft Foods also faces difficulties. Tony Vernon, chief executive, last week told analysts that shoppers have little interest or minimal ability to buy more than what they need for a given week or even a given day.